error: This content is protected, please contact Matt@bestsellingcarsblog.com if you would like to license for reuse.

Vietnam September 2018: Toyota up 52%, Mitsubishi up 102% in market up 19%

Mitsubishi has now launched the Xpander in Vietnam.

* See the Top 18 manufacturers and Top 50 models by clicking on the title *

The Vietnamese new vehicle market soars 19.5% year-on-year to 25.351 units, yet the year-to-date tally is in negative so far at -2.7% to 192.980. Toyota surges 52% to 24.7% share vs. 21.2% in 2018, repeating at #1 above Thaco-Kia (+4%) very weak again at 17.2% vs. 23.2% YTD. Mitsubishi (+102%), Mazda (+61%) and Chevrolet (+58%) also post stunning gains inside the Top 10, with Peugeot (+2061%) and Nissan (+252%) standing out further down. The Toyota Vios (+40%) cements its leadership ahead of the Toyota Innova (+77%) while the Kia Cerato (+194%) overtakes the Toyota Fortuner (-8%) for third place overall. Excellent scores for the Mazda3 (+68%), Honda City (+50%) and Mazda CX-5 (+46%) as well, whereas the Ford Ranger (-50%) and Honda CR-V (-35%) plunge. This month we welcome no less than four new nameplates: the Toyota Wigo (#25), Rush (#43), Avanza (#52) and Mitsubishi Xpander (#48).

Previous month: Vietnam August 2018: Toyota Fortuner back, Vinfast gets ready

One year ago: Vietnam September 2017: Honda CR-V up to #2

Full September 2018 Top 18 manufacturers and Top 50 models below.

This content is for members only.
Log In Register

Vietnam August 2018: Toyota Fortuner back, Vinfast gets ready

The Toyota Fortuner is back in the Vietnamese sales charts.

* See the Top 20 manufacturers and Top 50 models by clicking on the title *

New vehicle sales in Vietnam drop 7.2% year-on-year in August to 20.504 registrations, pulling the YTD tally down 5.3% to 167.629 units. Toyota (+15%) goes agains the grain with a double-digit gain, overtaking archenemy Thaco-Kia to take the lead of the Vietnamese brands ranking for the first time this year. Honda (+3%) edges past Mazda (+42%) to climb on the podium while Ford (-42%) freefalls. Peugeot (+1894%), Nissan (+206%), Mitsubishi (+56%) and Chevrolet (+18%) shine but Isuzu (-33%) and Mercedes (-26%) disappoint. Model-wise, the Toyota Vios (+2%) remains comfortably in pole position at 8.3% share ahead of the Toyota Innova (+50%) while the Toyota Fortuner (-27%) is back on sale after a 5 month-hiatus. The Toyota Yaris (#14) and Mitsubishi Triton (#19) also make their comeback. The Kia Cerato (+121%), Honda City (+54%), Mazda3 (+41%) and Mazda CX-5 (+27%) follow and all sport brilliant double or triple-digit gains. The Honda CR-V (-46%) implodes at #9 whereas it was on the podium a year ago.

VinFast SUV

But the main news for the Vietnamese auto industry this month is the arrival of the country’s very first local brand, VinFast, set to be the newest carmaker in the world and scheduled to unveil two new models at the Paris Auto Show on October 1, a premium sedan and an SUV, ahead of a Vietnamese market launch in September 2019. VinFast is the manufacturing branch of Vingroup which was created by Pham Nhat Vuong, a Vietnam native who built it into an empire worth an estimated $10 billion, operating a network of shopping malls, apartment complexes, spas, resorts, hospitals and schools across the country. VinFast’s first production center has an ambitious initial annual production target of 250.000 vehicles – wihch is as much as the national market – with the ability to lift it to 500.000 vehicles per year through exports in Southeast Asia. The Pininfarina design of the first models was voted in by the 65.000 Vietnamese nationals. It will be fascinating to see VinFast burst into the Vietnamese car scene next year.

Previous month: Vietnam July 2018: Toyota Innova and Kia Cerato shine

One year ago: Vietnam September 2017: Honda CR-V up to #2

Full August 2018 Top 20 manufacturers and Top 50 models below.

This content is for members only.
Log In Register

Vietnam July 2018: Toyota Innova and Kia Cerato shine

The Kia Cerato soars 140% year-on-year in Vietnam in July.

* See the Top 18 All-manufacturers and Top 45 models by clicking on the title *

The Vietnamese new vehicle market gains 3.9% year-on-year in July 2018 to 21.466 registrations, meaning the year-to-date volume is now down 5% to 147.125. Thaco-Kia (-6%) remains the most popular manufacturer in the country solely thanks to its truck lineup representing 43% of its July sales, distancing Toyota (-0.5%) while Mazda (28%), Honda (+69%) and Hyundai (+63%) shoot up. Peugeot (+1358%), Nissan (+53%) and Mercedes (+48%) also impress whereas Ford (-42%) sinks. The Toyota Vios (+15%) is once again the best-selling nameplate in Vietnam but the Toyota Innova (+106%) and Kia Cerato (+140%) are catching up while the Mazda3 (+36%) and CX-5 (+54%) also vastly outpace the market in the remainder of the Top 5. The Mitsubishi Outlander (+480%), Toyota Camry (+156%), Toyota Corolla (+43%) and Honda City (+28%) also stand out.

Previous month: Vietnam June 2018: Honda, Hyundai, Chevrolet defy market down 10%

One year ago: Vietnam July 2017: Honda (+2%) resists in market freefalling 26%

Full July 2018 Top 18 All-manufacturers and Top 45 models below.

This content is for members only.
Log In Register

Vietnam June 2018: Honda, Hyundai, Chevrolet defy market down 10%

The Trailblazer helps Chevrolet up 38% in Vietnam this month.

* See the Top 18 manufacturers and Top 45 models by clicking on the title *

New vehicle sales in Vietnam drop 10% year-on-year in June to 21.913 registrations, pulling the year-to-date volume down 6.4% to 125.659 units. Thaco-Kia (-7%) remains the most popular manufacturer in the country thanks to its heavy truck lineup accounting for 48% of its June sales and without which it would only rank 4th best-selling brand. Toyota freefalls 37% to 19.5% share, but Mazda (+33%) and most strikingly Honda (+128%) surge ahead just below. Ford (-44%) tumbles down but remains 5th ahead of Hyundai (+40%), Chevrolet (+38%) and Mercedes (+22%) all in great shape. Peugeot (+2388%) posts the largest gain in market with Nissan (+72%) also very impressive. Model-wise, the Toyota Vios (-24%) remains master in command despite a steep drop due to a particularly high base in June 2017, and distances the Toyota Innova, Mazda3 and Mazda CX-5, reproducing the YTD Top 4. The Kia Cerato soar 125% to remain in 5th place, with other great gainers including the Ford Focus (+253%), Honda CR-V (+219%), Ford Ecosport (+64%) and Toyota Corolla (+62%). The Chevrolet Trailblazer (#17) tops all recent launches (<12 months).

Previous month: Vietnam May 2018: Honda, Peugeot surge in market down 0.7%

One year ago: Vietnam June 2017: Toyota Vios shoots up 245% to 11% share

Full June 2018 Top 18 manufacturers and Top 45 models below.

This content is for members only.
Log In Register

Vietnam May 2018: Honda, Peugeot surge in market down 0.7%

Like in China, the previous generation Peugeot 3008 survives in Vietnam.

* See the Top 18 manufacturers and Top 45 models by clicking on the title *

Vietnamese new vehicle sales edge down 0.7% year-on-year in May to 23.065 units, pulling the year-to-date volume down 5.6% to 103.746. Thaco-Kia (-7%) once again distances Toyota (-8%) to lead the manufacturer ranking but as always it owes its pole position to heavy trucks accounting for 58% of its May sales. Mazda (+24%) reclaims the third spot off Honda (+176%) still very impressive at 11% share vs. 8.6% so far in 2018. Hyundai gains 30% in 6th place while Peugeot posts the largest increase in market this month: up 16-fold to 1.7% share and just under 400 sales. Model-wise, the Toyota Vios (+30%) continues to frankly dominate the charts ahead of the Toyota Innova (+60%), Mazda3 (+19%) and Mazda CX-5 (+80%), replicating the YTD Top 4. The Kia Cerato (+126%), Honda CR-V (+113%), City (+92%) and Toyota Corolla (+91%) also impress in the Top 10 while just outside, the Ford Ecosport (+98%) and Chevrolet Colorado (+72%) shine. The Chevrolet Trailblazer lands directly at #20.

Previous month: Vietnam April 2018: Honda up 309% in market down 3.7%

One year ago: Vietnam May 2017: Toyota Vios and Fortuner reclaim lead

Full May 2018 Top 18 manufacturers and Top 45 models below.

This content is for members only.
Log In Register

Vietnam April 2018: Honda up 309% in market down 3.7%

The Honda CR-V ranks #2 in Vietnam in April.

* See the Top 18 manufacturers and Top 50 models by clicking on the title *

New vehicle sales in Vietnam limit their fall to -3.7% in April to 21.123 units, leading to a YTD total down 6.9^% to 80.681. Thaco-Kia (-6%) remains in the manufacturer lead at 29.9% share but only owes it to its strong truck sales (4.045) and would only rank 4th without them. Toyota goes against the grain with a 3% gain but it’s Honda that without a doubt impresses the most in the Top 10, up 4-fold on its April 2017 score to #3 and 13.3% share. In contrast, Ford (-47%), Chevrolet (-47%), Hyundai (-32%) and Isuzu (-16%) all freefall. At #11, Peugeot is up 10-fold (+969%). Model-wise, the Toyota Vios (+89%) cements it domination with just under 10% share in April while the Honda CR-V shoots up 728% year-on-year and 12 spots on March to land in second place. The Toyota Innova (+44%) rounds up the podium and now ranks #2 YTD. The Mazda3 (+9%), Kia Cerato (+105%) and Honda City (+119%) follow.

Previous month: Vietnam March 2018: Toyota Vios and Innova top market down 21%

One year ago: Vietnam April 2017: Ford Ranger leads in market down 15%

Full April 2018 Top 18 manufacturers and Top 50 models below.

This content is for members only.
Log In Register

Vietnam March 2018: Toyota Vios and Innova top market down 21%

The Toyota Innova is up 33% to 2nd place overall in Vietnam in March.

* See the Top 18 All manufacturers and Top 50 models by clicking on the title *

The Vietnamese new car market sinks a harsh 21% year-on-year in March to 21.1287 registrations, pulling the year-to-date tally in negative at -8% to 59.558 units. Thaco-Kia remains the most popular manufacturer in the country despite a 16% decline to 28.9% and solely thanks to its heavy truck lineup accounting for 62% of its March sales. Toyota (-4%) comes in 2nd place at 21.3% share ahead of Mazda (-3%) while Ford crumbles 24% to 9% share. Isuzu (+16%), Honda (+24%), Suzuki (+343%) and Peugeot (+1352%) go agains the grain with splendid gains. The Toyota Vios (+58%) continues to dominate the models ranking, widening the gap with the rest of the market thanks to very dynamic year-on-year gains. It is followed this month by the Toyota Innova (+33%) and Kia Morning (-13%) while the Honda City leaps up 23% to #4 and the Kia Cerato is up 92% to #5. The Honda Jazz lands at #35.

Previous month: Vietnam February 2018: Toyota Vios up 49%, market down 30%

Previous year: Vietnam Full Year 2017: Toyota Vios tightens grip on market down 10.8%

Full March 2018 Top 18 All manufacturers and Top 50 models below.

This content is for members only.
Log In Register

Vietnam February 2018: Toyota Vios up 49% to 12.4% share, market down 30%

The Toyota Vios cements its domination in Vietnam with a 49% year-on-year gain.

* See the Top 18 All-manufacturers and Top 50 models by clicking on the title *

After a 28.7% surge in January, new vehicle sales in Vietnam take a hit in February at -29.7% to 12.394 registrations, mainly due to the different timing of the Lunar New Year in 2018 (February instead of January). Year-to-date, Vietnamese sales are up 1.5% to 38.431 units. Thaco-Kia remains the most popular manufacturer in the country, but just: down 51% to 23.4% share it ends February only 34 sales above Toyota at 23.1% (-20%). Note Thaco-Kia owes its impressive share in Vietnam to medium/heavy commercial vehicles accounting for 48% of its sales in February and 45% YTD. Without trucks, Kia would rank #3 brand. Mazda continues to impress with a 10% year-on-year gain to 16.2% share leading to a 18.3% YTD share, distancing Ford (-44%), Chevrolet (-15%) and Honda (-8%). Peugeot (+996%), Mitsubishi (+23%) and Suzuki (+15%) also post positive results this month.

The Mazda CX-5 is up 107% to #2 so far in in 2018.

Over in the models ranking, the Toyota Vios is more dominant than ever thanks to deliveries shooting up 49% year-on-year to 12.4% share vs. 10.4% year-to-date. The Mazda CX-5 also sails off with a 86% year-on-year surge to 6.9% share and up 107% YTD. The Toyota Innova (-23%), Ford Ranger (-22%) and Mazda3 (-27%) round up the Top 5, losing slightly less ground than the market. In the remainder of the Top 10, the Kia Cerato (+58%), Toyota Corolla (+49%) and Honda City (+21%) all stun with double-digit gains. Further down, the Mitsubishi Outlander (+120%), Chevrolet Colorado (+74%) and Mazda2 (+51%) also make themselves noticed.

Previous month: Vietnam January 2018: Mazda hits 19.4% share in market up 28.7%

One year ago: Vietnam February 2017: Toyota monopolises podium in market up 50%

Full February 2018 Top 18 All-manufacturers and Top 50 models below.

This content is for members only.
Log In Register

Vietnam January 2018: Mazda hits 19.4% share in market up 28.7%

Mazda places both the 3 and the CX-5 on the Vietnamese podium in January.

* See the Top 18 All-manufacturers and Top 52 models by clicking on the title *

After dropping a steep 10.8% over the Full Year 2017, the Vietnamese new car market starts 2018 with a bang: January sales are up a whopping 28.7% year-on-year to 26.037. Below Thaco-Kia (+65%) and Toyota (-4%), the hero of the month is Mazda surging 75% to 19.4% share vs. 9.5% over the Full Year 2017 and only 91 units below Toyota. Mercedes (-2%), Ford (-4%) and Chevrolet (-8%) disappoint but Peugeot (+1255%), Isuzu (+146%), Hyundai (+112%), Mitsubishi (+54%) and Honda (+42%) impress. Model-wise, the Toyota Vios (+44%) cements its domination while Mazda places both the 3 (+58%) and CX-5 (+119%) on the podium. the Kia Cerato (+152%), Honda City (+77%), CR-V (+76%), Toyota Corolla (+59%) and Kia Morning (+49%) also beat the market inside the Top 10.

Previous post: Vietnam Full Year 2017: Toyota Vios tightens grip on market down 10.8%

One year ago: Vietnam January 2017: Toyota, Mazda shine in market down 13%

Full January 2018 Top 18 All-manufacturers and Top 52 models below.

This content is for members only.
Log In Register

Vietnam Full Year 2017: Toyota Vios tightens grip on market down 10.4%

The Toyota Vios is the best-selling car in Vietnam for the 4th year in a row. 

* See the Top 20 All-manufacturers and Top 60 models by clicking on the title *

Consult 15 years worth of Vietnam Historical Data here

After three years of extravagant growth (+43% in 2014+55% in 2015 and +24% in 2016), the Vietnamese new vehicle market comes to a halt in 2017 with sales down 10.4% to 272.750 units, still the second largest annual result in history. Thaco-Kia remains the most popular manufacturer in the country thanks to its commercial vehicles but falls heavily at -21% to 23.2% share vs. 26.3% in 2016. Toyota on the other hand goes against the grain with a 4% improvement to 21.8% share vs. 18.7% a year ago, and ranked #1 in January, June, November and December. Ford limits its decline to 1% and sees its share gain one percentage point to 10.5%, overtaking Mazda (-19%) for third place overall. Honda (+5%), Chevrolet (+9%), Hyundai (+4%) and Isuzu (-1%) camp on their positions and all gain share. Mercedes surges 20% to #9, Mitsubishi is up 9% and Hino up 24%.

Model-wise, the Toyota Vios soars 26% to its 4th year in a row at #1, tightening its stranglehold on the market with an outstanding 8.2% share (its highest ever), becoming the first ever nameplate to sell over 20.000 units in a single year in Vietnam. The Ford Ranger is up 6% and one spot to #2 while the Toyota Fortuner is up 12% and two to #3 just as the Toyota Innova (+6%). Reversely, the Mazda3 (-14%) drops one rank to #5 and the Kia Morning (-31%) loses four to #6. The Honda City (+20%) is the other nameplate to post a double-digit gain in the Top 10. Further down, the Chevrolet Colorado (+226%), Ford Everest/Explorer (+222%) and Mitsubishi Triton (+55%) make themselves noticed.

Previous month: Vietnam November 2017: Toyota Innova on podium in market down 13%

Previous year: Vietnam Full Year 2016: Toyota Vios leads market above 300.000 units

Two years ago: Vietnam Full Year 2015: Toyota Vios stays #1, Mazda3 up 3-fold to #6

Full Year 2017 Top 20 All-manufacturers and Top 60 models vs. Full Year 2016 figures below.

Full December 2017 Top 20 All-manufacturers and Top 50 models below.

This content is for Premium and Platinum members only.
Log In Register
Search